SEC Form 4 · accession 0001127602-15-017438
TRAVELERS COMPANIES, INC. · TRV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Doreen Spadorcia
Officer — Vice Chairman
Period of report
May 13, 2015
Accepted (ET)
May 15, 2015 · 12:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000086312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 13, 2015 | S | 1,930 | $101.92 | D | 18,736 | D | |
| Common Stock | May 13, 2015 | M | 27,000 | $56.81 | A | 45,736 | D | |
| Common StockF2 | May 13, 2015 | S | 26,500 | $101.89 | D | 19,236 | D | |
| Common StockF3 | May 13, 2015 | S | 500 | $102.423 | D | 18,736 | D | |
| Common Stock | holding | — | — | — | 300 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $56.81 | May 13, 2015 | M | 27,000 | D | Feb 1, 2014 | Feb 1, 2021 | Common Stock | 27,000 | 22,545 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were made pursuant to a trading plan entered into in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934. In its Form 10-Q filed on April 21, 2015, the Issuer previously disclosed the potential for executive sales of common stock, including through Rule 10b5-1 trading plans.
- F2Represents the weighted average sales price for price increments ranging from $101.38 to $102.36. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- F3Represents the weighted average sales price for price increments ranging from $102.39 to $102.46. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.